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20100901
20100930
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is going to break it down for us. what do these plans do with all that money? >> first off, the $50 billion infrastructure program would rebuild or build 150,000 miles of road, 4000 miles of railroad track, 115 miles of airport runways. essentially, that would be paid for with taxes on the oil and gas industries. it's a six-year program, no new jobs created immediately, and much of the criticism is that it is essentially a payoff to the unions. there is a second plan to be unveiled tomorrow, the "wall street journal" saying that this is a $200 billion plan, $200 billion worth of tax breaks for businesses. it would speed up the writeoff, for example, bill, you spend $10,000 on a computer right now, and immediately, that $10,000 comes off your business income, taxable business income. overall, no new jobs created immediately, some say that this is the president scrambling because his polls on the economy are looking very, very bad, and both of those plans would require a vote in congress, which is not likely. bill: wow, so here we are, post labor day. i can't think of a bigger issue in the co
unemployment. you are looking at relatively years of that high level. bill: you come on tv and tell us you don't want to be mr. doom and gloom, i'm throwing you a lifeline today. >> i'm actually optimistic about the economy going forward. you are going to have on your program, you are going to have a prediction the republicans win big in november. if that happens, you look forward to the state of the economy, you could see a return of some con if i den in the economy. you could see that. bill: because vote were would see washington slowing down? >> business will be able to say -- there will be no big spending programs. we'll get certainly on regulations and taxes. the $2 trillion held by big companies on the sidelines. if they return to con if i den the economy will expand, that money will come off the sidelines and go into the economy and we'll expand. i'm optimistic of a republican sweep. bill: i'm going to give you a gloom and doom in quotes today. i'll cut you a break. martha: i have some upbeat news for you. september started off pretty darn good. the dow joins industrial posting its bigg
, everybody, i'm bill hemmer, welcome to america us newsroom. martha: short weekend for us good to see you here, good morning, i'm martha mcoccasionum. one of the highest researchinging republicans in the house says if it is the only option, he will go along with the president. we're talking, of course, about house minority lead john boehner, he got a lot of attention over the weekend with this one, he says he will go for allowing the bush tax cuts to end just for the middle class if that's all he can get, even though he he and her republicans think it would be bad to raise the taxes on anybody. listen to this: >> if the only option i have is to vote for some of those tax reductions, i'll vote for them. but i've been making the point now for months that we need to extend all the current rates for all americans, if we want to get our economy going again and we want to get jobs in america. >> so you are saying you would vote for the middle class tax cuts if that's all you can get done? >> if that's what we can get done, but i think that's bad policy. i don't think that's going to help our ec
van, rescuers required to use the jaws of life. the driver of that mini van, reportedly taken to a hospital for treatment. there's one report out of boston that says brady went to gillette stayed tpoupl morning workouts. more from boston. there's the intersection now. more from boston as we get it. breaking news on "america's newsroom". >>> you want headline? here's the headline for you, america. is the u.s. losing its competitive edge? now ranking fourth among 139 countries. the world economic forum citing a trillion dollars decifit, public distrust of government, and rising debt as the reasons for that slide. $13 trillion, that's a lot of numbers. good morning, everybody, i'm bill hemmer. welcome to "america's newsroom". martha: good morning, thank you for starting our morning that way! you don't even get a medal -- a medal in fourth place! you know who has replaced us? switzerland. i kid you not. bill: not even a bronze. we've got brand new jobless numbers in, the labor department reporting $451,000 people filed for first-time unemployment claims in the past week. stu varne
. they'll play another tune for us. that wraps it up. >> eric: magic man will be the tune. carolina. hurricane earl is a powerful category 3 storm. winds at 125 miles per hour off the coast of cape hatteras. it could make its way up to maine by the weekend. full fox coverage including the latest from the hurricane center out of miami. there is a fox news alert. jobs. the private sector lost 10,000 jobs in august. it's going the wrong way, that arrow is. martha: turn these things around. this report does not include government jobs. it's just private sector jobs. it's clearly a sign the economy is struggling to get back on its feet. bill: varney and company, what do you think of this? >> we were supposed to be adding hundreds of thousands of new private sector jobs each and every month. that where we were supposed to be. but we lost 10,000 jobs in the month of august in the private sector. they were spread around, small business 6,000, medium size business, net, net, 10,000 jobs. they are at the heart of our economic problems and the concerns coming up for november. president obama i
, well over 90 percent on our fox polling showed us that. we'll see whether or not we match up those results with our poll later today. results later today. juliet: incumbents in congress are fighting for their political lives in november's mid-term elections as most americans give lawmakers a thumbs down. this is a fox news opinion dynamic poll showing 70 percent of voters disapprove of the job congress is doing, 70 percent, senate majority leader harry reid among those locked in a tight race it shows sharron angle, with 45 percent of the poll, reid has seen his number creep up from from 39 while angle's decreased. bill: challengers say come to the border and see how bad the border security situation has come out. mccain pointing out that 28,000 mexican citizens have already been killed in the drug war in mexico. he says president obama is ignoring how serious a threat this is now to u.s. security. here he is with chris wallace. >> verse eve -- we've got to get our border secured and anybody who doesn't think so, come to southern arizona and visit the southern part of my state. i'd
've been this is an enormous fire because. if you take a look at south of us, that's where the fire is going on there, it's a neighborhood that's being protected by firefighters. they're there, just in case these keupbdz winds shift again and right now they're blowing from us towards the fire, so i would say away from we are now. in a few minutes that we've been here, we've seen the flames brought down quite a bit. you can't really see flames from where we're standing at this point but certainly this is in a very tens situation in this neighborhood and frankly a lot of the neighbors have been out, trying to simply lend a hand to the police, firefighters, they've been directing traffic, telling people to stay out where they shouldn't be going, keeping cars away from the emergency personnel area where they're trying it get. this is a neighborhood on guard, watching out for each other, watching out for the emergency personnel as well. when we first got out here, as i was telling you, when we first got out here, the flames were quite a bit bigger. walk to your left here and look at that
maccallum, thank you for being with us today. here's the issue, the guard en arches is denying those reports that they are considering not providing coverage. bill: the white house is saying the story is flat out wrong. stuart varney, the story is in the "wall street journal," owned by our parent company, by the way. what is the story? >> the "wall street journal" has gotten ahold of a letter from mcdonald's to the feds and that letter says, and i quote, now it would be economically prohibitive for our carrier to continue offering coverage, they say we can't afford to offer health care coverage for 30,000 of our employees under the current rules of the expected future rules of health care reform. bill, i have to to tell you, the speed and intensity of the denials of the story tell you how important it is. because at stake is president obama's promise that you will be able to keep the program, the coverage, the policy that you've got now if you like it. bill: tell me more about the pushback, the strength of the denial means what? >> well, look, you've got health and human services coming out
us know how things change throughout the morning. jonathan serrie is there at kill devil hills in north carolina. martha: from new york up to new england were expecting strong winds that could cause a lot of damage and injuries as well. fox filliate reporter andy fox filed this report. check it out. >> reporter: we have 45-55-mile-per-hour gusting winds. this is the most severe wind we have had so far. the sand is kick up. we have the surf. when just had a big wave couple and crash on the sand banks. that's the latest from here. highway 12 closed at bonner bridge. i think the wind just blew out my contact. it's in my eye but it's not on my eye. martha: hate it when that happens. make the best of a tough situation. when it goes from a 4 to a 2, people say, gee. and we have seen a tropical storm turn into a 2 hurricane. it's a very big deal. bill: we are waiting for a category 5 hurricane off the coast of jacksonville. in the hours before it strikes it drops from a 5 to a 2. we think the danger is past. it moves up the coast to north carolina and hangs there for a week and floods
Search Results 0 to 8 of about 9